Samsung Heavy Industries has reportedly made provisions of KRW 35bn ($31.4m) against a series of LNG carriers ordered by compatriot shipowner Sinokor.

The provisions are said to be related to “cargo hold repairs”, according to a research note issued by Japanese investment bank Nomura.

The South Korean shipbuilder was also said to have made provisions of KRW 33bn against “loss making” oil tanker orders secured in the fourth quarter.